Armenia’s total state debt stood over $11.9 bln in late February, 2024

YEREVAN, April 5. /ARKA/. Armenia’s total state debt as of February 29, 2024, stood at $11.9 billion, increasing by $28.643 million from January 31, the National Statistical Committee reported. On December 31, 2023 the state debt was worth over $11.8 billion.

Of the total debt over $6.4 was was the external debt (a decrease of $19.6 mln., while the domestic debt increased by $48.2 mln. to $5.5 billion.

Of the external debt the government debt decreased by $19 million to $5.9 billion.

The debt of the Central Bank decreased by $531,000 to $539.7illion.

Of the domestic debt, $4.9 billion  (up $45.8 mln) were owed to residnet holders of government treasury bonds. The debt to resident holders of  government eurobonds amounted to $517.9 mln (up $2.473 mln). Domestic  guarantees provided by the governmnt stood at $17.6 mln (down $0.119 mln). -0-

spot_img

POPULAR

Armenia plans to attract $1.1 billion in loans in 2027 – Finance Minister

The Armenian government plans to attract $1.1 billion in loans in 2027, said RA Finance Minister Vahe Hovhannisyan.

Euro fell against the Armenian dram, while the dollar and ruble rose: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market, increased by 0.28 points on November 5, 2026, compared to November 4, to 360.4 drams.

Armenia’s 2027 state budget envisages a reserve fund of 0.3-0.6% of GDP — Galstyan

Armenia's draft state budget for 2027 envisages the formation of a reserve fund of 0.3-0.6% of GDP, announced Martin Galstyan, Chairman of the Central Bank of Armenia.

Central Bank of Armenia plans to develop an Open Banking concept in 2027: Galstyan assessed the prospects for cheaper financial services

The Central Bank of Armenia plans to develop an Open Banking and Open Finance concept in 2027, after which it will be formalized into law. This was announced by Central Bank Chairman Martin Galstyan.

Russian restrictions on the export of cash rubles will not significantly impact labor migrants and relocators —  Armenian Central Bank Governor

Restrictions on the export of cash rubles from Russia are not expected to have a significant impact on labor migrants from Armenia and relocators, according to Martin Galstyan, Chairman of the Central Bank of Armenia.

LATEST NEWS

spot_imgspot_imgspot_img